Observed Signal · Jan 8, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Nomupay raises $37M to expand across Asia
Ireland-based fintech Nomupay has completed a third investment round of $37 million, with the final $12 million tranche led by Endeit Capital and participation from Uneti Ventures. Existing investors contributed $25 million over the past 18 months. The company plans to deploy the funds to expand its Unified Payments (UP) platform, which enables online, POS, and payout capabilities across Asian, European, and Middle Eastern markets through a single API. Nomupay addresses the fragmented Asian payments landscape, targeting international acquirers, merchants, PSPs, and ISOs. The platform leverages AI for data management and business insights. This round follows a $53.6 million Series A from Finch Capital in 2023, bringing total funding to nearly $90 million. CEO Peter Burridge highlighted the need for a less prescriptive alternative to dominant global gateway acquirers.
Funding for a payments platform supports e-commerce and digital infrastructure, but it is not a major AdTech industry event.
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Key Takeaways & Evidence Grounding
- Nomupay raised $37 million in its third investment round
- The final $12 million tranche was led by Endeit Capital, with Uneti Ventures participating
- Existing investors contributed $25 million over the past 18 months
- Nomupay previously raised a $53.6 million Series A from Finch Capital in 2023
- The company plans to expand its Unified Payments platform across Asia, Europe, and the Middle East
Connected Companies & Entities
2 Entities mapped“The final $12M tranche of the September fundraise was led by Endeit Capital...”
“Uneti Ventures (backed by early Adyen employees)...”
Ontology Mapping & Concepts
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